The Forty-Four Trillion Dollar Deficit Scare
Publication Date: September 2003
Publisher: Center for Economic and Policy Research
Author(s): Dean Baker; David Rosnick
Research Area: Banking and finance
Keywords: National debt; Health care; Privatized systems
Type: Report
Coverage: United States
Abstract:
This paper analyzes a study projecting the size of the budget deficit and argues that the major underlying cause of this deficit is the projection of exploding healthcare costs -- and not demographics as the study concludes.
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